Analysts Set Celestica, Inc. (NYSE:CLS) PT at $427.42

Celestica, Inc. (NYSE:CLS) (TSE:CLS) has been assigned a consensus rating of “Buy” from the twenty-two ratings firms that are currently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation, eighteen have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $427.4211.

Several equities analysts recently issued reports on CLS shares. Zacks Research raised shares of Celestica from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 26th. Barclays boosted their price target on Celestica from $391.00 to $441.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Susquehanna raised their price objective on Celestica from $460.00 to $510.00 and gave the stock a “positive” rating in a report on Wednesday, April 29th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and issued a $480.00 price objective on shares of Celestica in a research report on Wednesday, April 29th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $475.00 target price on shares of Celestica in a research note on Tuesday, April 28th.

Celestica Stock Down 0.8%

Shares of NYSE:CLS opened at $301.31 on Thursday. The company has a quick ratio of 0.73, a current ratio of 1.26 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $34.64 billion, a P/E ratio of 36.43, a P/E/G ratio of 0.70 and a beta of 2.05. Celestica has a 52-week low of $153.11 and a 52-week high of $474.02. The stock’s fifty day simple moving average is $366.97 and its 200-day simple moving average is $331.34.

Celestica (NYSE:CLS) (TSE:CLS) last posted its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, topping analysts’ consensus estimates of $2.08 by $0.08. The firm had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.97 billion. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The firm’s quarterly revenue was up 52.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.20 EPS. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. As a group, equities research analysts forecast that Celestica will post 9.57 earnings per share for the current fiscal year.

Insider Transactions at Celestica

In other news, CEO Robert Mionis sold 66,056 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $400.06, for a total transaction of $26,426,363.36. Following the transaction, the chief executive officer directly owned 134,328 shares in the company, valued at $53,739,259.68. This represents a 32.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Mandeep Chawla sold 17,000 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $399.65, for a total transaction of $6,794,050.00. Following the completion of the sale, the chief financial officer directly owned 82,444 shares in the company, valued at $32,948,744.60. This represents a 17.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 161,168 shares of company stock worth $63,190,485 in the last three months. Company insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in CLS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Celestica during the fourth quarter valued at about $28,000. Ascentis Independent Advisors acquired a new stake in Celestica during the first quarter worth about $29,000. Swiss RE Ltd. acquired a new position in shares of Celestica in the 4th quarter valued at about $29,000. Cullen Frost Bankers Inc. acquired a new position in shares of Celestica in the 4th quarter valued at about $30,000. Finally, Sittner & Nelson LLC purchased a new stake in shares of Celestica during the 4th quarter worth about $31,000. 67.38% of the stock is owned by hedge funds and other institutional investors.

About Celestica

Celestica Inc is a multinational electronics manufacturing services (EMS) company that provides design, engineering, manufacturing and supply chain solutions to original equipment manufacturers across a range of industries. Headquartered in Toronto, Ontario, Canada, Celestica works with customers to develop and produce complex electronic and electro-mechanical products, integrating activities from product design and prototyping through high-volume assembly, testing and final system integration.

The company’s service offering typically includes product engineering and design support, printed circuit board assembly, box-build and systems assembly, automated test and inspection, aftermarket repair and refurbishment, and end-to-end supply chain and logistics management.